Steve Spanolios
Chief Operating Officer
Derby Copeland Capital
Owner
41 Madison Avenue 40th Floor New York, NY 10010
Derby Copeland Capital NYC portfolio
$177.5 million -elevator 50%, walkup 31%, mixed-use 11%; Manhattan 94%, Brooklyn 5%*
1040th largest portfolio by dollar value
202,945 sqft – elevator 52%, walkup 37%, mixed-use 8%; Manhattan 94%, Brooklyn 5%
1544th largest by SF
12 properties – Manhattan 83%, Brooklyn 16%
847th largest
262 residential units – Manhattan 95%, Brooklyn 4%
929th largest by residential units
Person Activity past 24 months:
Lender signatory: 11 for $123.9 million
Top Ten Associated Companies:
Icon Realty Management (4), Derby Copeland Capital (2), Lloyd Properties (2), Four Winds Real Estate (1), Kadima Properties (1), Penn South Capital (1), WB Property Group (1), Ashley Sabina Peled (1)
Top Ten Associated People:
Terrence Lowenberg (4), William L. Brewer (2), David Lloyd (2), Joshua Landau (1), Parag Sawhney (1), Ashley Sabina Peled (1)
Recent activity as signatory:
• Ashley Sabina Peled borrowed $7.5 million from Derby Copeland Capital for 49 West 13 Street on December 05, 2025.
• Penn South Capital and WB Property Group borrowed $9.7 million from Derby Copeland Capital for 135 West 24 Street on October 03, 2025.
• Lloyd Properties and Kadima Properties borrowed $6.6 million from Derby Copeland Capital for 112 Fort Greene Place on August 26, 2025.
• Icon Realty Management borrowed $5.4 million from Derby Copeland Capital for 161 West 4 Street on August 22, 2025.
• Icon Realty Management borrowed $12 million from Derby Copeland Capital for 301 East 80th Street, Yorkville, Manhattan on August 22, 2025.
• Icon Realty Management borrowed $20 million from Derby Copeland Capital for 448 West 19 Street on June 30, 2025.
• Four Winds Real Estate borrowed $10.8 million from Derby Copeland Capital for 145 Christopher Street on June 30, 2025.
• Icon Realty Management borrowed $20 million from Derby Copeland Capital for 59 2 Avenue on June 30, 2025.
• Lloyd Properties borrowed $2.4 million from Derby Copeland Capital for 1094 Dean Street on June 27, 2025.
• Derby Copeland Capital borrowed $9.4 million from Derby Copeland Capital for 236 West 15 Street on August 23, 2024.
Latest Stories:
• Ellen McGrath pays $15.8M to Four Winds Real Estate for mixed-use in West Village (March 31, 2026)
• JP Real Estate Group pays $25.75M to Icon for adjacent rentals in Chelsea (February 23, 2026)
• Penn South buys 2 Manhattan rentals from Vishvass for $20.5M (October 17, 2025)
• Lloyd Properties pays $5.5M to Kupfermans for 2 walkups in Fort Greene (September 09, 2025)
• Icon signs $20M refi with Derby Copeland for 33-unit rental in East Village (July 22, 2025)
• Hines lends $10M to MDE Property Group for mixed-use retail in West Village (May 18, 2022)
• Vishwaas pays $26.95M to Musano family for three Manhattan rentals (March 10, 2022)